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Adaptation and Changing Culture to Meet Sustainability Goals

African governments are developing ambitious adaptation policies aligned with society development goals, and an enabling environment for finance and investment. There has been an increase in framework and climate change laws across Africa, including in Kenya, Egypt, Nigeria, Benin, Uganda and South Africa.
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Africas Current State of Play and Opportunities

Africa offers a huge opportunity for positive climate change action and sustainability if done sensibly and collectively. The continent has experienced significant losses and damages attributable to climate change, including drought, biodiversity loss, lower food production, weaker economic growth, and loss of lives. These impacts will exacerbate if global warming is above target but limiting global warming to 1.5°C or below would significantly reduce damages to African economies, agriculture, health, and ecosystems. The African population is heavily exposed to climate impacted sectors with over one-half of the workforce employed in agriculture.

Features

Emerging Markets Hot Spots 2019

Our map reveals at a glance the hottest emerging markets of the past year, as determined by an algorithm incorporating economic growth, investment inflows andcompetitiveness. With data tables and Top 10 rankings across multiple vectors.

Supplement

Middle East Supplement 2019

Tighter fiscal policies and oil-output cuts agreed to by the Organization of Petroleum Exporting Countries (OPEC), plus Russia, could cause economic growth in the Middle East region to slow this year. Favorable demographics will underpin long-term growth in the decades ahead, but productivity gains will be slow, economists say. Despite efforts to diversify their economies, the Arab Gulf countries will remain reliant on their oil and gas sectors for years to come.
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The Role of Banks & Financial Products in Reducing Environmental Impact

Banks have a vital role in supporting the global transition of the economy to net-zero emissions. Banks stress the need for institutional capacity development, along with regulatory and other policy reforms, to support and accelerate climate finance from domestic and external sources, both public and private, for climate resilience in Africa.
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